Nouns

(n)privilegea special advantage or immunity or benefit not enjoyed by all
(n)prerogative, privilege, perquisite, exclusive righta right reserved exclusively by a particular person or group (especially a hereditary or official right)“suffrage was the prerogative of white adult males”
(n)privilege(law) the right to refuse to divulge information obtained in a confidential relationship

Verbs

(v)privilege, favor, favourbestow a privilege upon